SME: Stellar Capital closes flat at Rs 20/sh on Day 1
Delhi-based company raised Rs 9 crore through the issue, which was opened for subscription during October 15 and October 18. The share closed flat at a price of Rs 20 on day one.
November 01, 2013 / 18:53 IST
Stellar Capital Services closed flat at Rs 20 a share on Friday after hitting an intraday high of 21.10 on the BSE SME Platform. It was opened at Rs 20.10.
Delhi-based company raised Rs 9 crore through the issue, which was opened for subscription during October 15 and October 18.The company intended to use issue proceeds for acquisition of offices on rent/lease in Kolkata & Jaipur and augmenting capital base.Also Read: Amrapali Capital SME IPO lists at Rs 100.60 on debutThe company is a non deposit taking non-systemically important non banking finance company engaged primarily in the business of advancing loans and investing/trading in securities. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
